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Singapore Defence and Security Report 2017

BMI View: Singapore will remain an attractive defence market throughout our forecast period to 2026, asregional tensions, transnational terrorism, cyberthreats and maritime piracy continue to drive militaryspending by the city-state. While the number of Singaporean military personnel is set to decline, spendingon training, activities and equipment is likely to rise as the authorities work to strengthen the SAF'scapabilities and provide the force with a qualitative edge over potential enemies. Singapore's defence tradebalance will remain in deficit for the foreseeable future - though this will narrow gradually over the longterm as local manufacturers develop production capabilities and thus become increasingly capable ofcapturing both local and international procurement contracts.

Latest Updates:

ST Kinetics' amphibious new-gen Bronco ATTC was reported in September 2017 to be ready forproduction as soon as a launch order is placed.


BMI Industry View
Table: Headline Defence Expenditure Forecasts (Singapore 2017-2021)
SWOT
Defence Industry SWOT
Industry Forecast
Defence Expenditure
Table: Defence Expenditure (Singapore 2015-2020)
Table: Defence Expenditure (Singapore 2021-2026)
Defence Trade
Industry Risk Reward Index
Defence Industry Risk Reward Index
Table: Asia Pacific - Defence Industry Risk Reward Index
Rewards
Risks
Market Overview
Defence Market Overview
Domestic Defence Sector
Domestic Defence Market
Armed Forces Overview
Armed Forces
Security Overview
Domestic Threats
External Threats And International Relations
Company Profile
Singapore Technologies (ST) Aerospace
Singapore Technologies (ST) Electronics
Singapore Technologies (ST) Kinetics
Singapore Technologies (ST) Marine
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Sector-Specific Methodology
Table: Defence Risk/Reward Index Indicators
Weighting
Table: Weighting of Defence Risk Reward Index

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